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Impact Silver Corp V.IPT

Alternate Symbol(s):  ISVLF

IMPACT Silver Corp. is a mineral producer and explorer with mining projects in Mexico. It is engaged in silver, zinc and lead mining and related activities, including exploration, development and mineral processing in Mexico. Its operations include Royal Mines of Zacualpan Silver-Gold District and Plomosas Zinc-Lead-Silver District. It owns 100% of the 211 square kilometers (km2) Zacualpan project in central Mexico where four underground silver mines and one open pit mine feed the central 500 tpd Guadalupe processing plant. To the south, the Capire Project includes a 200 tpd processing pilot plant adjacent to an open pit silver mine with an NI43-101 inferred mineral resource of over 4.5 million oz silver, 48 million lbs zinc and 21 million lbs lead. Plomosas is a high-grade zinc producer in northern Mexico with exceptional exploration upside potential. It is producing mines are the Guadalupe Mine, the Veta Negra Open Pit Mine, the San Ramon Deeps Mine, and the Cuchara Mine.


TSXV:IPT - Post by User

Post by Henrich428on Aug 10, 2021 9:53am
206 Views
Post# 33677593

Impact Silver fundamentals

Impact Silver fundamentals
1) Silver producer for 15 years
2) No debt
3) $20 million in cash (nearly 1/3rd of current market cap)
4) Flagship property package is the entire Zacualpan district, the 2nd-oldest silver district in Mexico. So old a district that Cortez is said to have hid there once. 211 square km in size: larger than many countries in the UN.
5) A reasonable estimate of production there would be a million ounces of silver a year for the last 478 years (Bob Moriarty, 2006)
6) 400 mines discovered on the property, which have been on and off in production for 478 years, and this is barely scratching the surface (Bob Moriarty, 2006)
8) "The Spanish didn't value zinc and if they came across a high grade zinc vein, they left it. Impact is in the enviable position of being able to focus on the highest-value ore, which at present is going to be the high-grade and previously-ignored zinc." Bob Moriarty believes that zinc will some day be more expensive than copper.
9) Aggressive exploration and production-expansion ongoing.
10) Q1 2021 results show a 57% increase in revenue year-over-year, to $5.4 Million
11) Total land-package is 623 square km in size 
12) Down 55% YTD, severely oversold

https://www.321gold.com/editorials/moriarty/moriarty120606.html
https://ceo.ca/@newsfile/impact-silver-announces-first-quarter-2021-results
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